Quick Hits: Vevo safe from sale; Zvooq secures financing; another country music digital resource

Brief news items and worthy reads from around the web:

Vevo owners rethink selling: The New York Post reported that Vevo’s owners have reconsidered their plan to sell off the video hosting platform. Sources told The Post that Vevo is positioned for strong growth, which was enough to save it from a sale. Hypebot opined that the decision may have also stemmed from the music groups that co-own Vevo opting to not change royalty rates the prospective buyer would pay to artists and labels.

Zvooq completes financing round: Russian streaming service Zvooq completed a $20 million round of series A financing. The platform, which offers free or low-cost subscriptions, is positioning itself as the legal alternative to piracy in a geographic region that is well known for the illegal listening. [Hypebot]  http://www.hypebot.com/hypebot/2014/08/russian-music-streaming-service-zvooq-completes-20-million-series-a-round.html

Brad Paisley helping to launch My Country Nation: Following in the footsteps of Garth Brooks, country artist Brad Paisley is part of a partnership to launch My Country Nation. The digital resource will focus on original video programming, as well as other features to share the country music lifestyle with the genre’s fans. It will also have a strong presence on YouTube and social media. [The Tennessean]

Anna Washenko